01:45 AM EDT, 08/04/2026 (MT Newswires) -- Arabian Internet and Communications Services Co. (SASE:7202), d/b/a Solutions, signed a contract worth 364 million Saudi riyals to build data centers in Dammam, Saudi Arabia. The contract, signed with Digital Data Centers for Data and Telecommunications Co., d/b/a Center3, has an 18-month duration, according to a Tuesday release. It covers site infrastructure, engineering, construction, and commissioning. Saudi Telecom Co. (SASE:7010) holds a 79% stake in Solutions and a 100% stake in Center3.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.